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A Theory of Accumulation and Secular Stagnation
Paperback

A Theory of Accumulation and Secular Stagnation

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Aronoff explores and extends Thomas Malthus’ idea that if an economically significant group saves a large portion of income it plans never to spend, it will cause a deficiency in demand that prevents a market economy from operating at full employment on a sustainable basis.

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MORE INFO
Format
Paperback
Publisher
Palgrave Macmillan
Country
United Kingdom
Date
9 May 2016
Pages
152
ISBN
9781349719846

Aronoff explores and extends Thomas Malthus’ idea that if an economically significant group saves a large portion of income it plans never to spend, it will cause a deficiency in demand that prevents a market economy from operating at full employment on a sustainable basis.

Read More
Format
Paperback
Publisher
Palgrave Macmillan
Country
United Kingdom
Date
9 May 2016
Pages
152
ISBN
9781349719846